Volkswagen has announced a price increase of its popular sedan Volkswagen Vento Diesel by about 2.2%. The price hike has been announced in the wake of rising input costs. The surprising fact is that that the prices of the Petrol variant of Vento have not been revised as yet, rather there are offering an attractive interest rate of 6.99% PA for finance deals on Volkswagen Vento Petrol. One of the primary reasons for keeping the price differential is the increased demand for Diesel cars after the last increase in Petrol Prices in India after which more and more buyers are considering Diesel options of the economy cars to keep their budgets under control.
Commenting on the price hike, Neeraj Garg, director, Volkswagen India quoted:
The Vento diesel has been well accepted in the market since its launch in September 2010. Its quality and drivability have won the Vento many accolades. We want to continue maintaining the same standard and quality for our customers. However, we have seen no relent in the input costs over several months now, which has forced us to increase the cost of the Vento. We are fully aware that customers who prefer the petrol variants are already faced with the burden of increased fuel costs and therefore we have decided to continue absorbing the additional costs for our petrol variants.
The customers can still book their Vento Diesel at the current prices till 30th June 2011 as the increased prices will come into effect only after 1st July 2011. So if you have been planning for a Vento Diesel, you should make your booking before July otherwise you may end up paying about Rs. 20,000 more.
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